United Technologies Corp. Reaffirms 2013 Outlook

Tue Jan 8, 2013 4:17pm EST

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HARTFORD, Conn.,  Jan. 8, 2013  /PRNewswire/ -- United Technologies Corp. (NYSE:
UTX) today reaffirmed its expectations for 2013 earnings per share in the range
of  $5.85 to $6.15  on sales of  $64 billion to $65 billion, and cash flow from
operations less capital expenditures equal to or in excess of net income
attributable to common shareowners.

Today's announcement that Embraer has selected Pratt & Whitney's PurePower
PW1700G and PW1900G engines as the exclusive power for its new second generation
E-Jet aircraft family is expected to have no impact on UTC's 2013 financial
outlook as communicated to investors in December.

United Technologies, based in  Hartford, Conn., is a diversified company that
provides high technology products and services to the building and aerospace
industries.

This release contains statements which, to the extent they are not statements of
historical or present fact, constitute "forward-looking statements" under
securities laws. From time to time, oral or written forward-looking statements
may also be included in other materials released to the public. These
forward-looking statements are intended to provide management's current
expectations or plans for our future operating and financial performance, based
upon assumptions currently believed to be valid. Forward-looking statements can
be identified by the use of words such as "believe," "expect," "plans,"
"strategy," "prospects," "estimate," "project," "target," "anticipate," "will,"
"should," "see," "guidance," "confident" and other words of similar meaning in
connection with a discussion of future operating or financial performance. These
include, among others, statements relating to: future sales, earnings, cash
flow, results of operations, uses of cash and other measures of financial
performance; the effect of economic conditions in the markets in which we
operate and in  the United States  and globally and any changes therein,
including financial market conditions, fluctuation in commodity prices, interest
rates and foreign currency exchange rates; levels of end market demand in
construction and in both the commercial and defense segments of the aerospace
industry; levels of air travel, financial difficulties (including bankruptcy) of
commercial airlines; the impact of weather conditions, natural disasters and the
financial condition of our customers and suppliers; delays and disruption in
delivery of materials and services from suppliers; new business opportunities;
cost reduction efforts and restructuring costs and savings and other
consequences thereof; the scope, nature or impact of acquisition and divestiture
activity, including integration of acquired businesses into our existing
businesses; the development, production and support of advanced technologies and
new products and services; the anticipated benefits of diversification and
balance of operations across product lines, regions and industries; the impact
of the negotiation of collective bargaining agreements, and labor disputes; the
outcome of legal proceedings and other contingencies; future repurchases of
common stock; future levels of indebtedness and capital and research and
development spending; future availability of credit; pension plan assumptions
and future contributions; and the effect of changes in tax, environmental and
other laws and regulations and political conditions in  the United States  and
other countries in which we operate. All forward-looking statements involve
risks and uncertainties that may cause actual results to differ materially from
those expressed or implied in the forward-looking statements. For additional
information identifying factors that may cause actual results to vary materially
from those stated in the forward-looking statements, see our reports on Forms
10-K, 10-Q and 8-K filed with the SEC from time to time, including, but not
limited to, the information included in UTC's Forms 10-k and 10-Q under the
headings "Business," "Risk Factors," "Management's Discussion and Analysis of
Financial Condition and Results of Operations" and "Legal Proceedings" and in
the notes to the financial statements included in UTC's Forms 10-K and 10-Q.

UTC-IR

Contact:  John Moran
(860) 728-7062  
www.utc.com

SOURCE  United Technologies Corp.
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